Expense Concepts

When entering expenses, you enter/select the following:

• You need to first pick the project and task against which you wish to enter the expense.
• When you click on the Add Line Item, you can pick the code against which you incurred the expense. 
• The Reimbursable option is an indicator that the expense needs to be compensated. It is only for reference purposes and does not affect the expense entry in any way.
• The Billable and Costable option when submitting the expense indicate if the expense is billed to the client or incurred by the company. 
  Billable: This indicates that the expenses is billed to the client. Upon approving the expense as billable, the amount is added to the Actual Revenue of a project or task.
  Costable: This indicates that the cost is incurred by the company. Upon approving the expense as costable, the amount is added to the Actual Cost of a project or task.
  An expense can be both costable and billable.